1908 Madison Ave Gurnee, IL 60031
Estimated Value: $353,000 - $381,000
3
Beds
2
Baths
1,627
Sq Ft
$226/Sq Ft
Est. Value
About This Home
This home is located at 1908 Madison Ave, Gurnee, IL 60031 and is currently estimated at $368,469, approximately $226 per square foot. 1908 Madison Ave is a home located in Lake County with nearby schools including Woodland Primary School, Woodland Intermediate School, and Woodland Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 5, 2002
Sold by
Hergenreder John and Hergenreder Polly A
Bought by
Hergenreder John R and John R Hergenreder Trust
Current Estimated Value
Purchase Details
Closed on
Apr 30, 1997
Sold by
Savage Glenn T and Savage Lesley R
Bought by
Hergenreder John and Hergenreder Polly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,050
Outstanding Balance
$19,771
Interest Rate
8.27%
Estimated Equity
$348,698
Purchase Details
Closed on
Nov 23, 1994
Sold by
Wilhelm Terry M
Bought by
Savage Glenn T and Savage Lesley R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Interest Rate
8.91%
Mortgage Type
Assumption
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hergenreder John R | -- | Chicago Title Insurance Co | |
| Hergenreder John | $167,000 | -- | |
| Savage Glenn T | $158,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hergenreder John | $141,050 | |
| Previous Owner | Savage Glenn T | $161,600 |
Source: Public Records
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,405 | $99,273 | $19,310 | $79,963 |
| 2023 | $7,989 | $92,167 | $17,928 | $74,239 |
| 2022 | $7,989 | $86,638 | $18,199 | $68,439 |
| 2021 | $7,221 | $83,162 | $17,469 | $65,693 |
| 2020 | $6,984 | $81,118 | $17,040 | $64,078 |
| 2019 | $6,781 | $78,763 | $16,545 | $62,218 |
| 2018 | $6,659 | $78,427 | $15,165 | $63,262 |
| 2017 | $6,585 | $76,179 | $14,730 | $61,449 |
| 2016 | $6,524 | $72,787 | $14,074 | $58,713 |
| 2015 | $6,348 | $69,032 | $13,348 | $55,684 |
| 2014 | $5,135 | $57,321 | $13,163 | $44,158 |
| 2012 | $4,874 | $57,760 | $13,264 | $44,496 |
Source: Public Records
Map
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